Posts Tagged Arabian Peninsula

Qatar set to be knocked off its position as richest country in the world

August 10, 2018

Qatar is set to be knocked off its perch as the richest country in the world by the Chinese gambling enclave of Macau.

For several years the gas rich Gulf state held the envious status of the richest country in the world. Its per capita GDP was around $127,600 a year ago, according to the International Monetary Fund and with Luxembourg quite a way off in second place, with $104,003, Qatar’s status seemed to have been safe.

However the global casino hub of Macau has reached parity with Qatar’s GDP per capita and is predicted to outstrip Qatar by 2020, with $143,116 per capita GDP, according to projections from the IMF. The prediction will put Macau ahead of the current No. 1 Qatar, which will reach $139,151 in the same timeframe.

A former Portuguese outpost on the southern tip of China, Macau has become a gambling capital since returning to Chinese control almost two decades ago.

It is the only place in China where casinos are legal, turning it into a magnet for high-rollers from the mainland. Macau’s gross domestic product has more than tripled from about $34,500 per capita in 2001, the IMF data shows.

The wealth gap between the two places is also expected to widen beyond 2020, with Macau’s GDP per capita set to reach $172,681 by 2023, according to data compiled from the April edition of the IMF’s Global Economic Outlook database. Qatar’s, meanwhile, will grow to just $158,117.

Small developed countries or regions are more likely to rank top of world rich lists when there are fewer people to divide the wealth. The per capita calculation works in favor of Macau, whereas the oil-rich nation of Qatar has a population of 2.57 million.

Qatar has also endured a period of sluggish economic growth as a result of sanctions imposed by its Gulf neighbors; Saudi Arabia, UAE, Bahrain and Egypt. Doha’s economy has recovered but its ability to maintain the level of growth seen in past is unlikely to be repeated in the foreseeable future under the current climate.

Source: Middle East Monitor.

Link: https://www.middleeastmonitor.com/20180810-qatar-set-to-be-knocked-off-its-position-as-richest-country-in-the-world/.

Advertisements

, , ,

Leave a comment

Canada’s PM: We will not apologize to Saudi Arabia

August 10, 2018

The Canadian Prime Minister Justin Trudeau stressed, Wednesday, his country’s persistence in defending human rights, refusing to apologize to Saudi Arabia for Canada’s opposition to the detention of activists in Saudi prisons.

Trudeau said that although his country appreciates the “importance” of Saudi Arabia in the world, it would continue to speak “clearly and firmly about human rights issues in the country and abroad” whenever needed.

This came in a press statement by Trudeau during his participation in an event held in Montreal, the capital of the province of Quebec, east of the country.

Saudi Arabia recalled its ambassador to Canada last Monday, and declared the ambassador of Canada in Riyadh “persona non grata,” against the backdrop of what Riyadh called “explicit and blatant interference in the country’s internal affairs.”

The Kingdom of Saudi Arabia has announced “the freezing of all new trade and investment dealings with Canada and retaining its right to take further action.”

This came following the Canadian Foreign Minister Chrystia Freeland’s call on Riyadh to release the so-called “civil society activists” who were arrested in the Kingdom.

At the same time, Trudeau explained that the diplomatic talks with Riyadh would continue, “but without taking a single step back from the criticism of the Foreign Minister regarding the arrest of Saudi activists.”

The Prime Minister said that Freeland held extensive talks with her Saudi counterpart, Adel Al-Jubeir, on Tuesday, without giving further details.

Trudeau stressed that they were keen to communicate directly with the Saudi government in order to re-establish diplomatic relations between the two countries, and pointed out that “the issue of Canada’s apology for the criticism of human rights violations were not addressed during the talks.”

He added: “Canadians have always expected our government to speak firmly, decisively and politely about the need to respect human rights around the world.”

He went on: “We will continue to defend Canadian values and human rights. This is something that I will always do.”

Source: Middle East Monitor.

Link: https://www.middleeastmonitor.com/20180810-canadas-pm-we-will-not-apologise-to-saudi-arabia/.

, , ,

Leave a comment

Saudi Arabia orders Canadian envoy to leave over criticism

August 06, 2018

DUBAI, United Arab Emirates (AP) — Saudi Arabia on Monday ordered the Canadian ambassador to leave the ultraconservative kingdom within 24 hours after his nation criticized the recent arrest of women’s rights activists.

The Saudi Foreign Ministry also said it would freeze “all new business” between the kingdom and Canada. Some 10 percent of Canadian crude oil imports come from Saudi Arabia. “Any further step from the Canadian side in that direction will be considered as acknowledgment of our right to interfere in the Canadian domestic affairs,” the Saudi Foreign Ministry said in an extraordinarily aggressive statement. “Canada and all other nations need to know that they can’t claim to be more concerned than the kingdom over its own citizens.”

It wasn’t immediately clear if Ambassador Dennis Horak was in the kingdom. Saudi Arabia said it would recall its ambassador to Canada as well. Marie-Pier Baril, a spokeswoman for Canadian Foreign Minister Chrystia Freeland, said Canada was “seriously concerned” by Saudi Arabia’s actions.

“Canada will always stand up for the protection of human rights, very much including women’s rights, and freedom of expression around the world,” she said in a statement. “Our government will never hesitate to promote these values and believes that this dialogue is critical to international diplomacy.”

The dispute appears centered around tweets by Canadian diplomats calling on the kingdom to “immediately release” women’s rights activists recently detained by the kingdom. Among those recently arrested is Samar Badawi, whose brother Raif Badawi was arrested in Saudi Arabia in 2012 and later sentenced to 1,000 lashes and 10 years in jail for criticizing clerics. His wife, Ensaf Haidar, is now living in Canada.

Freeland tweeted about the arrests on Thursday. “Very alarmed to learn that Samar Badawi, Raif Badawi’s sister, has been imprisoned in Saudi Arabia,” she wrote. “Canada stands together with the Badawi family in this difficult time, and we continue to strongly call for the release of both Raif and Samar Badawi.”

Saudi Arabia ended in June its long practice of not allowing women to drive automobiles in the Sunni kingdom. However, supporters of women’s rights were arrested just weeks before the ban was lifted, signaling that only King Salman and his powerful son, Crown Prince Mohammed bin Salman, will decide the pace of change.

Saudi women still need permission from male guardians to travel abroad or marry. The diplomatic dispute with Canada may be part of that assertive foreign policy pushed by Crown Prince Mohammed under his father. Germany similarly has found itself targeted by the kingdom in recent months over comments by its officials on the Saudi-led war in Yemen.

It isn’t immediately clear what new business could be affected between the two countries. Bilateral trade between the two nations reached $3 billion in 2016, with tanks and fighting vehicles among the top Canadian exports to the kingdom, according to government statistics.

Saudi Arabia in recent years has expelled Iran’s ambassador over attacks on its diplomatic posts following its 2016 execution of a prominent Shiite cleric.

Associated Press writer Rob Gillies in Toronto contributed to this report.

, , ,

Leave a comment

Qatar recruits Jordanians

July 18, 2018

Samir Murad, Jordan’s Labor Minister, and Qatar’s Minister of Management Development, Labor and Social Welfare, Issa al-Naimi announced an agreement, Tuesday, to create 1,000 work places for Jordanians by September, Jordanian news agency Petra reported.

This agreement is part of the Qatari initiative to afford 10,000 work places for the Jordanian youths, the Jordanian minister said.

During a press conference in Doha, Murad said that Qatari government will issue visas for Jordanian job seekers.

Murad went on to say that both the Jordanian and Qatari ministries agreed to form a joint committee to follow up the issue. They will prepare a database for the Jordanian job seekers and make it available to Qatari employers.

Murad said that the Qatari initiative would help decrease unemployment rate in the Kingdom, which has reached 18.5 per cent (280,000).

Murad also said that Jordan would support Qatari efforts in the run up to World Cup 2022.

Source: Middle East Monitor.

Link: https://www.middleeastmonitor.com/20180718-qatar-recruits-jordanians/.

, , ,

Leave a comment

South Africa rejects Saudi, UAE pressure to boycott Qatar

July 21, 2018

South Africa has rejected Saudi and UAE pressure to severe relations with Qatar, Al-Khaleej Online reported Pretoria’s envoy to Doha saying.

During a celebration to remember South African freedom icon Nelson Mandela in Doha on Wednesday, Faizel Moosa said that his country rejected such pressure “because it was against the values that Mandela fought for – not to interfere in the others’ internal affairs.”

“Qatari-South African relations are developing continuously,” Moosa said at the event. Commercial exchange between the two countries rose to 70 per cent after the siege imposed by Saudi Arabia, the UAE, Bahrain and Egypt in June last year, and there would be more mutual investments, he added.

A new station is being built in South Africa to allow for the delivery of Qatar gas, and businessmen from the small Gulf state are investing in South Africa.

He went on to hail Qatar’s role in Africa which has increased following the Emir of Qatar’s recent tour of the region.

Source: Middle East Monitor.

Link: https://www.middleeastmonitor.com/20180721-south-africa-rejects-saudi-uae-pressure-to-boycott-qatar/.

, , , , , ,

Leave a comment

Qatar, Iraq sign security cooperation agreement

March 15, 2018

Qatar signed yesterday a memorandum of understanding (MoU) with Iraq to strengthen security cooperation between the two countries, the Qatar News Agency (QNA) has reported.

The agreement aims to enhance security cooperation and exchanging information and experiences between Qatar and Iraq.

“The MoU between the Qatar and Iraq aims at further joint security cooperation and regulates the coordination process between the two countries, as well as the exchange of information and experience, as Iraq accumulates experience in the security field,” QNA quoted the country’s head of public security, Major General Saad Bin Jassim Al Khulaifi, as saying.

He further explained that it will cover all security-related areas, including training and exchange of information in the field of combating terrorism, money laundry, combating counterfeiting, organised crime, drugs and human trafficking as well as all security of ports and airports.

Praising the “close cooperation between the two countries in all fields,” Al Khulaifi noted that the two parties intend to form a joint committee of specialists to follow up and monitor the implementation of the MoU’s provisions.

Source: Middle East Monitor.

Link: https://www.middleeastmonitor.com/20180315-qatar-iraq-sign-security-cooperation-agreement/.

, , , ,

Leave a comment

Qatar signs Turkey naval military base agreement

March 14, 2018

Qatar has signed an agreement with Turkey to establish a naval base, Khaleej Online reported today.

The agreement came during the Doha International Maritime Defense Exhibition and Conference (DIMDEX) 2018, which ends today, which was attended by international investors from the US, Europe and China for potential ventures.

Turkey has won a tender to establish the base in northern Qatar, general Hamad Bin Abdullah Al-Futtais Al Marri, commander of Qatar’s joint special forces said. The naval base will include a training center that will primarily take on maritime patrols and monitoring. No other details of the base were revealed.

Turkey will also export six armed, unmanned aerial vehicles or drones to Qatar’s armed forces, and give training services to Qatar’s forces by next year. Qatar wishes to purchase the drones for its own surveillance and tactical reconnaissance needs. Turkey will be assisting a long-term strategy to harness defense knowledge with an agreement to establish an academy for Qatar in association with Turkey’s Piri Reis University.

Qatar has taken a strategic decision to increase its defense and regional security amid an ongoing air, land and sea blockade led by Saudi Arabia and the United Arab Emirates. The blockade was levied over extremism and terrorism allegations, which Qatar categorically denied as baseless.

Turkey stepped in, providing Qatar with food and medicine essentials.

In early 2018, the Turkish National Security Council finalized a plan to deploy 60,000 armed soldiers to Qatar in accordance to a 2022 defense plan. Some one hundred soldiers are currently based in Qatar’s Al-Udeid military base since the Saudi-led blockade.

Some 30 Turkish companies are participating in Qatar’s DIMDEX exhibition, showcasing modern military technology.

Source: Middle East Monitor.

Link: https://www.middleeastmonitor.com/20180314-qatar-signs-turkey-naval-military-base-agreement/.

, ,

Leave a comment